Siam Cement (Thailand) Price on September 6, 2024
| SCC Stock | THB 193.00 1.00 0.52% |
If you're considering investing in Siam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Siam Cement stands at 193.00, as last reported on the 26th of November, with the highest price reaching 194.50 and the lowest price hitting 190.50 during the day. Siam Cement owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0999, which indicates the firm had a -0.0999% return per unit of risk over the last 3 months. The Siam Cement exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Siam Cement's Variance of 4.57, coefficient of variation of (2,019), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Siam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Siam |
Sharpe Ratio = -0.0999
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Siam Cement is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Siam Cement by adding Siam Cement to a well-diversified portfolio.
Siam Cement Valuation on September 6, 2024
It is possible to determine the worth of Siam Cement on a given historical date. On September 6, 2024 Siam was worth 243.0 at the beginning of the trading date compared to the closed value of 249.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Siam Cement stock. Still, in general, we apply an absolute valuation method to find Siam Cement's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Siam Cement where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Siam Cement's related companies.
| Open | High | Low | Close | Volume | |
| 230.00 | 239.00 | 229.00 | 239.00 | 5,752,878 | |
09/06/2024 | 243.00 | 249.00 | 242.00 | 249.00 | 4,810,044 |
| 247.00 | 249.00 | 245.00 | 247.00 | 4,120,886 |
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Siam Cement Trading Date Momentum on September 6, 2024
| On September 09 2024 The Siam Cement was traded for 247.00 at the closing time. The maximum traded price for the trading interval was 249.00 and the lowest daily price was 245.00 . The daily volume was recorded at 4.1 M. The volume of trading on 9th of September 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.80% . The trading price change to the closing price today is 2.81% . |
Siam Cement Fundamentals Correlations and Trends
By evaluating Siam Cement's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Siam Cement's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Siam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Siam Cement Stock history
Siam Cement investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Siam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Siam Cement will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Siam Cement stock prices may prove useful in developing a viable investing in Siam Cement
The Siam Cement Public Company Limited, together with its subsidiaries, engages in cement, building materials, chemicals, packaging, and investment businesses in Thailand, Vietnam, Indonesia, China, and internationally. The Siam Cement Public Company Limited was founded in 1913 and is headquartered in Bangkok, Thailand. THE SIAM operates under Specialty Chemicals classification in Thailand and is traded on Stock Exchange of Thailand.
Siam Cement Stock Technical Analysis
Siam Cement technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Siam Cement Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
The Siam Cement cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Siam Cement November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Siam Cement stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Siam Cement shares will generate the highest return on investment. By undertsting and applying Siam Cement stock market strength indicators, traders can identify The Siam Cement entry and exit signals to maximize returns
Siam Cement Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Siam Cement's price direction in advance. Along with the technical and fundamental analysis of Siam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Siam to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.3174 |
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Other Information on Investing in Siam Stock
Siam Cement financial ratios help investors to determine whether Siam Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Siam with respect to the benefits of owning Siam Cement security.